Motorcoach

MCI finalizes Setra acquisition

Posted on July 2, 2012

Motor Coach Industries Inc. (MCI) announced the completion of its acquisition of Setra’s operations in the U.S. and Canada and the establishment of a strategic partnership with Daimler Buses.  

Through the acquisition, MCI obtains responsibility for sales and service support of Setra S 417 and Setra S 407 motor coach models; the company’s pre-owned coach inventory; the distribution of Setra and related genuine Daimler Buses parts; and the operations of Setra’s service center in Orlando, Fla.

Daimler has also assumed a minority ownership position in MCI, forming an engineering, technology and manufacturing alliance as part of the transaction. Final terms of the agreement have not been disclosed.

“This transaction strengthens MCI’s luxury motor coach offerings in the North American marketplace with the Setra brand, while establishing a strategic partnership with the world’s leading manufacturer of motorcoaches,” MCI CEO Rick Heller. “While we expect to integrate our internal operations, the strategic intent is to maintain the integrity of the MCI and Setra brands. This includes maintaining a separate new-coach sales effort. Much of the consolidation will occur in internal and support functions, and we will communicate these changes with our customers as quickly as possible.”

View comments or post a comment on this story. (0 Comments)

More News

MCI delivers J4500 to Ill. operator

Tri-State Travel’s new coaches include the optional Bendix collision mitigation system, 360-degree cameras and mirrors with lane departure signals, and seating by Amaya with three point-passenger seatbelts.

Prevost delivers X3-45, names new director, pre-owned coach sales

Capitol Tours recently marked 30 years of partnering with Prevost, by adding a brand new X3-45 motorcoach, bringing their total number of Prevost coaches to eight.

ABC Companies restructuring, investing in expansion for long-term growth

The enterprise‐wide strategy includes plans to enhance and expand operations to effectively impact all major business areas, as well as the restructure of key management teams.

Man who beheaded fellow Greyhound passenger granted full release

Will Baker, formerly known as Vince Li, a diagnosed schizophrenic, was found not criminally responsible for the 2008 incident in Manitoba, due to mental illness, but was subject to being monitored. 

Wynne takes delivery of 4 Van Hool CX45s

Company offers services ranging from airport transfer, executive transportation, worldwide events, and meeting planning to motorcoach charters throughout the U.S.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close